IN THE MATTER OF: CHIEF FINANCIAL OFFICER JEFF ATWATER F' LED STATEor FLORIDA MAY1 3 2015 Docketed by _/5 i KEVIN DEVON BEDGOOD / CASE NO.:168680-15-AG ORDER OF SUSPENSION THIS PROCEEDING CAME on for?nal agency action and the Chief Financial Of?cer, having considered the record in this case and the Consent Order and being fully advised in the premises,?nds that: 1. Kevin Devon Bedgood (the "Respondent") is currently licensed as a life including variable annuity agent and a general lines agent. 2. On March 10, 2015, a Consent Order was issued by the Florida Department of Financial Services (the Department ) in the above-styled case. One condition of the Consent Order, which is attached hereto as Exhibit AA, and incorporated herein, required the Respondent to pay the Department an administrative penalty of three thousand dollars ($3,000.00) within thirty (30) days of the entry of the Consent Order. The Consent Order also provided that failure to pay the administrative penalty within the specified time limit would constitute a violation of section 626.68l(3), Florida Statutes, and would result in the immediate suspension of the Respondent's licenses and appointment for a period of sixty (60) days.
FINDINGS OF FACT 3. The Respondent has failed to pay to the Department the administrative penalty within thirty (30) days of the entry of the Consent Order dated March 10, 2015. CONCLUSIONS OF LAW 4. The Respondent's failure to pay the administrative penalty to the Department is a violation of the Consent Order dated March 10, 2015, and constitutes a violation of section 626.68 1(3), Florida Statutes. PENALTY IMPOSED 5. The Respondent s violation of the Consent Order dated March 10, 2015, constitutes grounds for the suspension of the Respondent s licenses as a life including variable annuity agent and a general lines agent in this state pursuant to section 626.68l(3), Florida Statutes. IT IS THEREFORE ORDERED that: (a) All licenses, appointments and eligibility for licensure heretofore issued to the Respondent, within the purview of the Department, are hereby suspended for a period of sixty (60) days. (b) During the period of suspension, and until the license is reinstated, the Respondent shall not engage in or attempt or profess to engage in any transaction or business for which a license or appointment is required under the Florida Insurance Code or directly or indirectly, control, or be employed in any manner by any insurance agent or agency or adjuster or adjusting?rm. (c) The Respondent shall not have the right to apply for and the Department shall not grant another license or appointment under the Florida Insurance Code for the sixty (60) days following the effective date of suspension. The Department shall not grant the Respondent
9 J a new license or appointment or reinstate eligibility to hold such license or appointmentif it?nds that the administrative penalty has not been paid or the Respondent has not complied with all terms and conditions of the Consent Order and the suspension. (d) Following the sixty (60) day suspension, the Respondent shall be entitled to?le an application for reinstatement of licensure. However, the Respondent s license shall not be reinstated if the circumstance or circumstances for which the license was suspended still exist or are likely to recur, or if the Respondent is not otherwise eligible for licensure. (e) Within ten (10) calendar days of the issuance of this Order of Suspension, the Respondent shall return to the Department of Financial Services, Bureau of Licensing, 200 East Gaines Street, Tallahassee, Florida 32399-0319, all licenses issued to the Respondent pursuant to the Florida Insurance Code. (f) Any person who knowingly transacts insurance or otherwise engages in insurance activities in this state without a license, or while the license is suspended or revoked, 1% DONE and ORDERED this /% day of (4,20l5. commits a felony of the third degree. Gregory Thomas Director, Agent & Agency Services
Sn 9 NOTICE OF RIGHT TO APPEAL Any party to these proceedings adversely affected by this Order is entitled to seek review within thirty (30) days of the rendition of this Order, pursuant to section 120.68, Florida Statutes, and Rule 9.190, Florida Rules ofappellate Procedure. Review proceedings must be instituted by?ling a petition or notice of appeal with Julie Jones, the DFS Agency Clerk. Filing with the Agency Clerk may be accomplished via U.S. Mail, express overnight delivery, hand delivery, facsimile transmission,or electronic mail. The address for overnight delivery or hand delivery is Julie Jones, DFS Agency Clerk, Department of Financial Services, 612 Larson Building, 200 East Gaines Street, Tallahassee, Florida 32399-0390. The fax number is (850) 488-0697. The email address is Julie.Jones@my?oridacfo.com. A copy of the petition or notice of appeal must also be?led with the appropriate district court of appeal within thirty (30) days of the rendition of this Order.
Copies Furnished To: devon.kb47@gmail.com Kevin Devon Bedgood 416 North 25th Street Fort Pierce, Florida 34947-2688 Greg Thomas, Director Division of Agent & Agency Services 200 East Gaines Street Tallahassee, Florida 32399 Complaint & Settlement Division of Legal Service 200 East Gaines Street Tallahassee, Florida 32399-0333
CHIEF FINANCIAL OFFICER FF A EmoI Xs }$EAR FILED MAR1 o2015 by. Z32 Dockotod IN THE MATTER OF: KEVIN DEVON BEDGOOD / CASE NO.: 168680-15-AG CONSENT ORDER THIS CAUSE came on for consideration and?nal agency action. Upon consideration of the record, including the Settlement Stipulation for Consent Order dated February 17, 2015, and being otherwise fully advised in the premises, the Chief Financial Officer?nds: 1. The Chief Financial Of?cer, as agency head of the Florida Department of Financial Services (the Department ), has jurisdiction over the subject matter of this case and the parties. 2. The entry of this Consent Order and compliance herewith by Kevin Devon Bedgood (the Respondent ), License #AOl7594, shall conclude the administrative proceeding of Case No. 168680-15-AG before the Department. IT IS THEREFORE ORDERED: (a) The Settlement Stipulation for Consent Order dated February 17, 2015, and attached hereto as Exhibit A, is hereby approved and fully incorporated herein by reference. EXHIBIT
9 J (b) The Respondent shall be placed on probation pursuant to section 626.691, Florida Statutes, for a period of one (1) year. As a condition of probation, the Respondent shall strictly adhere to all provisions of the Florida Insurance Code and Rules of the Department. If, during the period of probation, the Department has good cause to believe that the Respondent has violated the terms or conditions of this probation it shall initiate administrative action to suspend or revoke the license and appointments of the Respondent. (c) The Respondent shall pay an administrative penalty in the amount of three thousand dollars ($3,000.00) as authorized by section 626.68l(l), Florida Statutes, within thirty (30) calendar days of the entry of this Consent Order. Failure of the Respondent to pay the administrative penalty within the speci?ed time limit shall result in the immediate suspension of the Respondent's licenses and eligibility for licensure in this state without further proceedings for a period of sixty (60) days. ((1) If the Respondent is suspended for violating the Settlement Stipulation for Consent Order or this Consent Order, the Respondent shall, at the end of the applicable period of suspension, be entitled to?le an application for reinstatement of licensure. However, the Respondent s licenses shall not be reinstated if the Department finds that the circumstance or circumstances for which the license was suspended still exist or are likely to recur, or if the Respondent is not otherwise eligible for licensure. (e) The Respondent shall not make misrepresentations on applications for insurance coverage.
O (f) If the Department has good cause to believe that the Respondent has violated any condition of this Consent Order, then the Respondent authorizes the Department to seek the immediate enforcement of the order in the Circuit Court of the Second Judicial Circuit, in and for Leon County, in Tallahassee, Florida. If such an enforcement order is granted, then the Respondent agrees that he shall be liable to the Department for all reasonable costs and attorneys fees expended in the enforcement action.? DONE and ORDERED this [(2 day of Man A, 2015. Gregory Thomas Director, Agent & Agency Services
Copies Furnished To: devon.kb47@gmail.com Kevin Devon Bedgood 416 North 25th Street Fort Pierce, Florida 34947-2688 Greg Thomas, Director Division of Agent & Agency Services 200 East Gaines Street Tallahassee, Florida 32399-0320 Complaint & Settlement Division of Legal Services 200 East Gaines Street Tallahassee, Florida 32399-0333
INVOICE ADMINISTRATIVE PENALTY IMPOSED BY CONSENT ORDER In order to ensure that your payment is received and properly credited, please return check payable to: this invoice with your Department of Financial Services Division of Legal Services Revenue Processing Section Post Office Box 6100 Tallahassee, FL 32399-6100 PAYMENT MUST BE RECEIVED WITHIN 30 DAYS OF ISSUANCE OF CONSENT ORDER REFERENCE NAME ADDRESS; Kevin Devon Bedgood 416 North 25th Street CITY, STATE, ZIP: Fort Pierce, Florida 34947-2688 SS# or AGENT#: Case #2 Attorney: Source: A017594 168680-15 AG Complaint & Settlement Agent & Agency Investigations Fine Due:.......................... $ 3,000.00 Cost Due:.................................. $ Total Amount Due:.......................... $ 3,000.00 Amount remitted:............................. $ OFFICIAL USE ONLY - PLEASE, DO NOT MARK BELOW THIS LINE E E F/_T INVAMT(inserted by operator) M 6100 J
' y Feb.17. 2015l2:OlPM 82/Lt/2515 12:41 _8S6 DixonFoodMarl '01. --.-. No.037l P. I HLH1/4 81/B4 OHEFHNANCULOEHCER JEFFA:I.'WA I'ER s'm1_'2on=1mum IN THEMATTEROF: CaseNt%3: 4 gggympgvon BEDCOOQ! ~ MENTSTIPULATIO NT ORDER. II is HEREBY AGREED and STIPULATEDby and betweenkwln DevonBedgood (the Respondent )and that State of Florida, Department of Financial Services (the Department ),that: 1. TheRespondentis currentlylicensedas a Life and VariableAnnuityAgentanda GeneralLinesAgent. At all timesrelelvant to the dates andoccurrencesreflmedto hereințhe Respondeni was so licensedin thisstate. 2. Pursuant to chapter626,floridastatutes, the Departmenthasju?sdic?onoverthe Respondent'sliccnsureand eligibilityfor licensureandappointmentin this statdandthe subject mailer ofthisproceeding. 3. TheDepartmentconductedan investigationofthc Respondent in hiscapacityas a "licensee. As a xesult thereof, the Depa?ment allcges that the Respondent made a misrepresentationon an applicationfor insurance:coverage.in order to avoidformallitigation of EXHIBIT 3 A
I ' Feb.i7. 2015l2:0lPM DixonFoodMarl No.037l P. 2/4 51 EDI PAGE E12/o4._..1. 62/17/2815 12:41 856 this matter, the Respondenthas detetminotl that it-is in hisbestinteneststo enter into this SettlementStipulationfor ConsentOrder. 4. The Respondentvoluntaiilywaives the right to a hearing in this matter and voluntarilyenters intothissettlementstipulation for ConsentOrder. 5. pursuant to The Respondentvoluntarily waives receipt of an administrative complaint section l20.60(5.), Florida Statutcsiior any notice or charges other than this SettlementStipulationfor Consent Order. 6. By enteringintothis Settlement Stipulationfor ConsentOrderandbythefiling of a Consent0!'dG1'in' thiscase, therespondentand thedepartmentintendteam! do resolveall issues pertainingto the license disciplinaryadministrative penalties to be imposedagainst the Respondent basedon the allegationsin paragraph3 above. '7. No party will appealthissettlementstipulationforconsentorder or theconsent Ordertobe issuedinthis case,and thepartiesspeci?callywaivenoticeofthc rightto appealas requiredby section120.5690 ), FloridaStatutes. 8. This documentis a public record and containsinliormationwhichis routinely publishedbythedepartment. 9. Eachparty to this proceedingshallbear its own costs andattorneysfees,unless otherwiseprovided herein. for 10. This SettlementStipulation Consent Orderis subjectto the approval of the ChiefFinancialOf?cet or hisdeslgnce. Uponhisapproval, andwithout?irthernoticeṭhechief FinancialOtiiceror hisdesigocomay issue a ConsentOrder providingfor the following: (a) Incorporationby reference of allthe terms and conditionsof this SettlementStipulationfor Consent Order..
Feb.l7. 201512:02PM Mon ma Mm N0-037l P. 3/4 a5e : % E1 62/17/2615 12:41 E01 F :-tut: U3/B4 _ placedon probationpursuanto section626.691, (la) TheRespondentshallbe - nditlonof probation, therespondent shall Florida Statutes, for tt period of one(1)year. As a co thedepartment strictly adhereto allprovisions of thefloridainsurancecodeandrulesof Ịf, duringthe periodofprobation, theiiepartment has goodcauseto believethattherespondent has actionto suspend is or conditionsofthis probationit shallinitiateadministrative violatedthe term s oftherespondent. or revokethelicenseandappointment ministrative penaltyin the amountof The Respondent shallpay an ad (c) therespond immediate suspensionof the Respondents licenses and eligibilityfor llccnsurcin this state withoutfurtherproceedings fora periodof sixty(60)days. (d) If therespondent is suspended for violating the SettlementStipulationfor ConsentOrderto be enteredin this cause, the Respondentshall,at the end ConsentOrderorthe of the applicableperiodof suspension,be entitled to tile on applicationfor reinstatement of ttdent slicensesshallnot be reinstated?nds if the Department likely to recur,or if the Respondent is nototherwiseeligibleforlicensure. (o). The Respondentshallnot make misrepresentations applications for insurance coverage. If the Deparnnenthas good cause to believethat the Respondenthas seekthe immediate enforcementof the orderin the CircuitCourt of the SecondJudicialCircuit, in andfor Leon County, in Tallahassee,Florida,If suchan enforcement orderis? atl.t6d.,.lh0','t
Feb.T7. 201512:02PM VixenFoodMart h'o,()371 P 4/4 jj-. 52/17/2915 12:11 35Ei 483"!g51 B01 Z. P_AGE 34/34 the Respondent agreesthat he shall be liable to the Depamnentfor all reasonablecosts and attorneys fees expendedin the enforcementaction. 11. The llespondcnt certi?esthat the add:-use and e-mail.addressbelow the Rcspondent s signatureare validaddresses. 12. The Respondentngrees that the ConsentOrdermay be sent to therespondentvia the e-mailaddress belowtherespondent : signature. DATEDandSIGNEDthis l.fl day of 2o g?5> iononnt KevinDevonBedgood 4i6NO?h DEVON.K.B47@GMAIL.COM _ BarryK. Lnnier,FLMI, CLU BufeauChjgf g ;"' :5f 3;: ; ; ; Tallahassee, Florida 32399-0320